2008-09-12wallstreetexaminer.com

". To put this in perspective the Fed held $985.9 billion as custodial on July 16. $29.3 billion were sold, and perhaps not by coincidence, the Government stepped directly in. Then in the three days following the FNMA and Freddie Mac rescue, there was simply no interest by foreigners to buy into this paper. This arrangement looks increasingly broken"



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